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Oct 22, 2012 6:00pm EDT
outside d.c. and los angeles. so we feel like our future is very, very bright. there are some short-term challenges for sure. but even with our comp, which is a disappointment for some or most in the third quarter at 4.8%, we think in this economy that's probably going to be among the leaders in terms of restaurant companies generating a comp. >> what do you think is the tie-in between the economic uncertainty that you reference in the conference call and the food itself? say $9, $9.50 for a lunch. we've got on the set the 5 taco bell and the $7 chipotle. they look rather identical. i know in the conference call you refute the idea that people are going to the competition. but at the same time, where are they going if they're not going to chipotle? >> well, to be honest with you, they're still going to chipotle. our underlying comp transactions in the second quarter were 4. -- about 4.2%. in the third quarter they were about 4.3%. so underlying comp transactions are the same quarter to quarter. we had 330 basis points of additional pricing in the second quarter. that explains the en
Search Results 0 to 1 of about 2 (some duplicates have been removed)